carbuncle
26-05-12, 09:39
» 862-unit condo in Whampoa
East launches today
Straits Times: Sat, May 26
THE 8 Riversuites
condominium in Whampoa
East launches today although
some of the 862 units have
already been snapped up.
More than 200 homes at the
99-year leasehold project
were sold over a weekend
during a private preview
earlier this month, according
to a UBS Investment Research
report.
The average selling price was
$1,400 per sq ft (psf), after
buyers were given a 5 per
cent early-bird discount by
developer United Engineers.
Allgreen's 999-year leasehold
Riviera 38 nearby, previewed
last October, is priced at
about $1,100 psf but the
project is farther from Boon
Keng MRT station.
The one-bedders of about 450
sq ft at 8 Riversuites were said
to be priced at about $600,000
while two-bedroom units of
about 700 sq ft cost about $
900,000.
They make up about 60 per
cent of the project and were
the most popular among
preview buyers, the UBS
report added.
The project, which will have
843 units ranging from one- to
four-bedroom homes across
four towers and 19 strata-
terraces, was designed by
Japanese architect Miyake
Masaki, who drew inspiration
from the river. It is expected
to be completed in the first
quarter of 2016.
Reputable schools such as
Cedar Primary, CHIJ Primary
and Secondary, St Joseph's
Institution International, and
the Stamford American
International School are close
by.
United Engineers chief
executive Jackson Yap added:
'We have designed this
development with the
environment in mind - to
provide a quality environment
for the residents, as well as to
minimise the impact on the
surrounding environment.'
[email protected]
Source: The Straits Times ©
Singapore Press Holdings Ltd.
East launches today
Straits Times: Sat, May 26
THE 8 Riversuites
condominium in Whampoa
East launches today although
some of the 862 units have
already been snapped up.
More than 200 homes at the
99-year leasehold project
were sold over a weekend
during a private preview
earlier this month, according
to a UBS Investment Research
report.
The average selling price was
$1,400 per sq ft (psf), after
buyers were given a 5 per
cent early-bird discount by
developer United Engineers.
Allgreen's 999-year leasehold
Riviera 38 nearby, previewed
last October, is priced at
about $1,100 psf but the
project is farther from Boon
Keng MRT station.
The one-bedders of about 450
sq ft at 8 Riversuites were said
to be priced at about $600,000
while two-bedroom units of
about 700 sq ft cost about $
900,000.
They make up about 60 per
cent of the project and were
the most popular among
preview buyers, the UBS
report added.
The project, which will have
843 units ranging from one- to
four-bedroom homes across
four towers and 19 strata-
terraces, was designed by
Japanese architect Miyake
Masaki, who drew inspiration
from the river. It is expected
to be completed in the first
quarter of 2016.
Reputable schools such as
Cedar Primary, CHIJ Primary
and Secondary, St Joseph's
Institution International, and
the Stamford American
International School are close
by.
United Engineers chief
executive Jackson Yap added:
'We have designed this
development with the
environment in mind - to
provide a quality environment
for the residents, as well as to
minimise the impact on the
surrounding environment.'
[email protected]
Source: The Straits Times ©
Singapore Press Holdings Ltd.